Now, you need to figure out how to find deals and pay for them.

Maybe not the easiest deal but with the best upside.Philly needs jobs, attracting tech jobs should be a plan.

And, yes, there are years of data points to validate that just within my office, tens of thousands of dollars of wasted appraisal and inspection fees for deals (mostly not mine, thankfully) that had 0.00% of going anywhere but the "Loan Application Declined" bin. 

If everything works out and you are dealing with a legit company this could be a great long term tenant paying above market rates. 

I live in MA and I know it is a nightmare to deal with tenant here.

How did you add value to the deal?

Cash invested: $60 Sale price: $365,000 Sub-to deal with homeowner pre-foreclosure How did you find this deal and how did you negotiate it?

Now, you need to figure out how to find deals and pay for them.

Quote from @Tio Sam: Quote from @Zachary Deal: I agree, I would drive some properties that have sold as flip.

Most of the rental income can help you qualify for more as well.There are plenty of creative ways to go about getting into your first deal but you may need to get a solid work history before being approved for a residential loan.